Property Summary: 130 Syracuse Crescent, Waverley Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 130 Syracuse Crescent presents a compelling profile centered on spacious living within a well-established neighbourhood. Its primary strength is its generous 1,580 sqft of living space, which ranks in the top 5% on its own street and above the average for both the Waverley Heights community and the city of Winnipeg. This makes it a standout for buyers seeking more interior room than is typical for the area.
Built in 1978, the property is slightly newer than many comparable homes in its immediate vicinity, which may suggest updated infrastructure or components. Interestingly, while the interior is spacious, the 5,498 sqft lot is the smallest on Syracuse Crescent, indicating a focus on the home itself rather than extensive outdoor grounds. The property’s assessed value for taxes is $393,000, which is slightly below the street average but aligns closely with broader area and city averages. This combination suggests the home may offer good value relative to its living space.
The appeal lies in this balance: above-average interior space in a mature neighbourhood, at an assessment value that is competitive. It would suit practical buyers—such as growing families or those who prioritize indoor living and functional space over a large yard—who are looking for a well-sized home in a settled area without a premium price tag. It’s a property that offers more house for your dollar on the inside, while the lot size reflects a lower-maintenance outdoor commitment.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
Very favorably. With 1,580 sqft, this home is significantly larger than the average on Syracuse Crescent (~1,147 sqft) and in the wider Waverley Heights area. It provides substantial interior room compared to its peers.
2. Is the property tax assessment likely to be high?
The assessed value of $393,000 is actually below the average for its specific street. It is very close to the average for the wider community and the city, suggesting the taxes should be in line with similar homes in Winnipeg.
3. The lot seems smaller than others on the street. Is that a concern?
At 5,498 sqft, it is the smallest lot on Syracuse Crescent. This means less yard for maintenance or expansion, but it also often translates to a more manageable outdoor space. The trade-off is the notably larger living area inside the home itself.
4. What does the 1978 build year indicate?
It shows the home is slightly newer than the direct street average (which is also 1978) and the community average. For a home of this era, key systems like roofing, wiring, or windows may have been updated over the years, which would be an important point for a home inspection to clarify.
5. How is the home’s overall ranking in the neighbourhood?
It ranks highly for living space (top 16% in Waverley Heights) and build year (top 18%). Its assessed value and lot size are more average or below average in comparison. This indicates a property whose value is primarily in the size and relative age of the dwelling itself.